2622 South Orange Drive
2622 South Orange Drive
$1,585,000
9
5
3,764
3,764
$421
Description
For sale: Recently Reduced 4-Unit Property in West Adams. This property presents an opportunity to acquire four spacious units with the potential for increased rental revenue. Of the four units, three have been recently renovated, and one remains vacant in impeccable condition. The unit mix comprises one 3-bedroom, 2-bath unit and three 2-bedroom, 1.5-bath units. The property offers ample onsite parking and the potential to convert the parking spaces beneath the building into ADUs (Accessory Dwelling...For sale: Recently Reduced 4-Unit Property in West Adams. This property presents an opportunity to acquire four spacious units with the potential for increased rental revenue. Of the four units, three have been recently renovated, and one remains vacant in impeccable condition. The unit mix comprises one 3-bedroom, 2-bath unit and three 2-bedroom, 1.5-bath units. The property offers ample onsite parking and the potential to convert the parking spaces beneath the building into ADUs (Accessory Dwelling Units), a popular option in the Mid City/West Adams area. Furthermore, this property is situated in an Opportunity Zone, representing a compelling investment opportunity. The presence of a vacant unit may appeal to potential FHA buyers, and investors have the option to lease it at market rents.
- Listed by Armin Soleimani • DRE #01846872 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
- Listed by Julio Ruiz • DRE #01911261 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
Property Details for 2622 South Orange Drive
Water Front
None
ZoningLARD1.5
StyleTraditional
Parcel Number5049014006
Total Units4.0
Living Area3764
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Location
LISTING UPDATED: 05/30/2024 04:59 PM
Property Details for 2622 South Orange Drive
Status | Active |
---|---|
MLS # | 24-385755 |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1966 |
Lot Size | 0.11 AC / 4,800 SF |
County | Los Angeles County |
Location
Building Information for 2622 South Orange Drive
Stories2Residences-Year Built1966Building Size-Lot Size0.11 AC / 4,800 SF
Payment Calculator
$9,614 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2622 South Orange Drive
Property History for 2622 South Orange Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2622 South Orange Drive
Taxable ValueLand$646,999Additions$273,299Total$920,298
Tax Record2023$11,564 ($964 / month)
Home Facts
Total Finished SqFt3,764 SqFtAbove Grade Finished SqFt3,764 SqFtLot Size4,800 SqFtStyleQuadraplexZoningLARD1.5CountyLOS ANGELESAPN5049-014-006
Schools near 2622 South Orange Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Cienega Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
New Los Angeles Charter School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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